418 Summer Ave, Newark City, NJ 07104
- 5 beds |
- 3 baths
Multi-Family Home
Built in 1910
1,742sqft lot
1 car garage
$——/sqft
Listed 6 days ago
Property Description
Great Investment Opportunity in the Desirable Forest Hills Section of Newark! This well-maintained two-family home offers both comfort and income potential. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, a large eat-in kitchen, and an open living/dining area perfect for modern living. The second-floor unit offers even more space, with 3 generously sized bedrooms, 1 full bathroom, and a convenient half bath. Both units were tastefully renovated just four years ago and remain in excellent condition. The walk- out finished basement, complete with a full bathroom, provides additional space ideal for storage, recreation, or entertainment. The property also features a convenient garage and ample on-street parking. Each unit is currently rented, making this an ideal opportunity for investors or owner-occupants seeking rental income. Very low taxes. Conveniently located near shops, major highways, Newark Penn Station and downtown, Branch Brook Park and Newark International Airport only 7 miles away. Don't miss your chance to own a turnkey property in one of Newark's most sought-after neighborhoods!
- Listing Status:
- Active
- Date Added:
- June 21, 2025 at 12:00AM
- Listing Office:
- ROSA AGENCY : 908-289-5200
- MLS ID:
- 3969928
- General: Carbon Monoxide DetectorFire ExtinguisherSmoke Detector
- Basement: FinishedWalkout
- A/C: Window A/C(s)
- Heating: 2 UnitsGas-Natural
This listing courtesy of ROSA AGENCY
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ, 07104
Grades PK-8
0.27 miles away
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ, 07104
Grades PK-8
0.27 miles away
Technology High School
223 Broadway, Newark, NJ, 07104
Grades 9-12
0.59 miles away